The State Bank of Pakistan (SBP) is expected to retain interest rates at 11 per cent on Monday, a Reuters poll showed, as analysts push back rate-cut forecasts to late 2026 after the International Monetary Fund warned inflation risks persist and policy must stay “appropriately tight”.

All 12 analysts surveyed expect no cut in the policy meeting scheduled for Monday.

A majority of them see inflation hovering at 6pc–8pc in the coming months before rising........

© Dawn Business